to under-estimate the probability of success in the long run.In particular, individuals who were given the stage by stage … probability distribution failed to aggregate this information in a multi-stage case.Estimations of the long run probability … distribution did not differ much from the given stage-by-stage probability distribution, and were systematically lower than the …

We present an algorithm to determine both a lower and an upper bound for the finite-time probability of ruin for a risk … probability of ruin in case premium income for a time interval is received at the beginning (resp. end) of that interval, which …

disutility can control their mistake probability, i.e., the probability of implementing another pure strategy than intended. This …

some effort can control the probability of implementing the intended strategy. This is shown to corroborate the results in …